Our client’s industrial focus is the design and fabrication of parts composed of special highly alloyed metals.
Because he operates in a complex activity sector, the client called upon Leyton’s expertise to help him plan out and structure his project management processes so he could submit an SR&ED tax credit claim based on his real-time and material investments.
Because of the specific requirement of the SR&ED program, we helped our client plan out and structure his claim based on his fabrication technologies rather than the products he was developing. In doing so, we established a process that allowed him to properly document his activities and associated costs, thus allowing him to optimize the value of his claim.
The method followed to structure his claim allowed our client to follow Revenue Canada’s requirements and current interpretations, leading to a total amount of $540 000 in investment tax credits.